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Atlantic Methanol Production Company to create a methanol-to-gasoline and derivatives unit to further monetize domestic gas produced in Equatorial Guinea.

The Atlantic Methanol Production Company (AMPCO), which runs one of Africa’s largest methanol plant on Bioko Island in Equatorial Guinea, has decided to support the ongoing Year of Investment initiative and invest in the expansion and diversification of the country’s downstream sector.

January 23, 2020
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President Putin’s reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability

Russia’s President Vladimir Putin has appointed a new cabinet, keeping key ministers. Amongst those retaining their seats in office is the country’s energy minister Alexander Novak who played an instrumental role in the oil production deal with the Organization of Petroleum Exporting Countries (OPEC).

January 22, 2020
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Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo

Marathon Oil Corp, one of the biggest energy investors in Equatorial Guinea, has committed to increase its investment in the required infrastructure to support the Government’s vision for the Gas Mega Hub and the Year of Investment initiative following a meeting with H.E. President Teodoro Obiang Nguema Mbasogo.

January 22, 2020